Current CVX Stock Info

Chevron (ticker: CVX) announced a major oil discovery in the Gulf of Mexico today, at the Ballymore prospect.

Ballymore is located in the Mississippi Canyon area of the Gulf, about three miles from Chevron’s Blind Faith platform. Located in over 6,500 feet of water, the initial Ballymore well reached a measured depth of just under 29,200 feet. Chevron reports it encountered more than 670 net feet of oil pay with excellent reservoir and fluid characteristics. A sidetrack well is currently being drilled to continue assessment and define develo...

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